Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have two question. According to the unemployment rate equation, labor force is denominator. But why taking early retirement that shrink the labor force will

image text in transcribed
image text in transcribed
I have two question. According to the unemployment rate equation, labor force is denominator. But why taking early retirement that shrink the labor force will drop the unemployment rate? The second question is: Does the third option mean more and more people are counted as unemployed? But I think this also raise the labor force at the same time (labor force=unemployed+employed) Question 11 0 /1 pts (Q011) Which of the following would not be responsible for a drop in the unemployment rate? There is an increase in the number of marginally attached workers. ed People with full-time jobs take early retirement. wer More and more stay-at-home moms rejoin the labor force in search of jobs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

3rd Edition

1319105564, 978-1319105563

More Books

Students also viewed these Economics questions

Question

What is Agile modeling (AM)?

Answered: 1 week ago

Question

What is Accounting?

Answered: 1 week ago

Question

Define organisation chart

Answered: 1 week ago

Question

What are the advantages of planning ?

Answered: 1 week ago

Question

Explain the factors that determine the degree of decentralisation

Answered: 1 week ago

Question

What Is acidity?

Answered: 1 week ago

Question

1. Background knowledge of the subject and

Answered: 1 week ago